DAE helps ABC launch new widebody freighters
Dubai Aerospace Enterprise's (DAE) leasing division DAE Capital and Moscow-based, Volga Dnepr-owned cargo airline Airbridge Cargo Airlines (ABC) have entered into a purchase and leaseback agreement with PDP financing for three factory new B777F aircraft, the first of this type... more
MOL intensifies its LNG commitment
The Japan-based carrier MOL has entered, through a wholly-owned subsidiary, into a short-term charter agreement for a LNG carrier with Gail (India). Gail is a state-owned natural gas processing and distribution company in India with approx. 11,400 km of cross country existing... more
Rail facility to reduce CO2 by 18,300 t per year
The USD 149 million GCT Bayonne ExpressRail facility in Port Jersey (USA) is completed. It supports the port’s cargo growth and has an annual capacity of 250,000 container lifts. GCT Bayonne’s ondock intermodal facility is connected to the two US class I railroad networks... more
Christopher Connor chosen as Aapa's new CEO
The American Association of Port Authorities (Aapa), the unified and recognised voice of seaports in the Americas, has unanimously chosen Christopher J. Connor as the association’s next president and CEO. Connor, the former Global CEO of Wallenius Wilhemsen Logistics, will... more
H.Essers acquires Gebroeders Hoefnagels Transport
The Belgian logistics service provider H.Essers has acquired the Dutch company Gebroeders Hoefnagels Transport, with sites in Asten and Weert (the Netherlands). The takeover is subject to approval by the competition authorities. “This acquisition makes us a major player in... more
Rwandair adds more flights to worldwide network
From today, 25 June 2019, Rwandair is offering direct flights to Tel Aviv, the economic centre of Israel, from its Kigali hub (Rwanda). CEO Yvonne Manzi Makolo: "Adding Tel Aviv to our network is part of our long term plan to link Rwanda to the rest of the world. Tel Aviv... more
New rail link between southern England and central Scotland
Forth Ports, Eddie Stobart and Direct Rail Services (DRS) will introduce a new weekend service providing the UK’s first-ever rail link between the ports of Tilbury and Grangemouth, Scotland’s main port. The new two-way rail service will commence on Friday 28 June 2019 and... more
Panalpina to elect new board of directors
In connection with the public exchange offer by DSV for all publicly held registered shares of Panalpina published on 13 May 2019, the board of directors will propose, at the extraordinary general meeting scheduled for 16 July 2019, the election of the following persons... more
Siegmann opens office in Paris
Siegmann, a Hamburg (Germany)-based family-owned firm, specialises in transport services to and from France. It has now opened its own office in Paris. In May, the company founded its French subsidiary Siegmann Sarl in order to improve its position in that country’s market.... more
“Curiosity of the Day”
European fruit flies tolerate more alcohol than African fruit flies. more